U.S. Fund OKs Seven & i's Supermarket Listing Plan
Tokyo, April 19 (Jiji Press)--U.S. activist fund ValueAct Capital has expressed support for Japanese retail group Seven & i Holdings Co.'s stock listing plan for its supermarket operations.
In an announcement Thursday, ValueAct, a major shareholder of Seven & i, also said it will vote for the company's proposal for director appointments at a general meeting of shareholders to be held May 28.
(2024/04/19-12:49)
To read a full story, please click here to find out how to subscribe.
BUSINESS
- 05/02 20:42 JAL, ANA Mark Full Earnings Recovery from Pandemic
- 05/02 13:47 Aozora Bank Widens Net Loss Forecast to 49.8 B. Yen
- 05/02 09:17 Major Japanese Department Stores Post Bullish Sales in April
- 05/01 22:59 INTERVIEW: Onward to Increase Stores with Online Features
- 05/01 21:29 Bic Camera Adopts System to Prevent Resale of Duty-Free Goods
- 05/01 14:22 New Firm Formed to Take Over Bigmotor's Operations
- 05/01 12:58 8 Japan Power Firms Log Record Net Profits in FY 2023
- 05/01 10:01 3 JR Firms Post Higher Revenue, Profits
- 04/30 22:24 Chugoku Electric to Delay N-Reactor Restart in Western Japan
- 04/30 21:52 JSR Logs 5.5-B.-Yen Net Loss in FY 2023
- 04/30 21:28 Major Japanese Brokerages Post Better Earnings in FY 2023
- 04/30 17:33 Prices of 417 Food Items to Go Up in Japan in May
- 04/30 17:09 Japan's Ono Pharma to Buy U.S. Startup Deciphera
- 04/29 11:58 Elliott Acquires Large Stake in Trader Sumitomo: Report
- 04/28 13:10 JR East Says Will Not Respond to Harassing Customers
- 04/27 19:06 Mitsubishi to Sell KFC Japan Stake to U.S. Fund
- 04/27 18:04 KDDI's Tender Offer for Lawson Ends Successfully
- 04/26 20:59 (Update) ANA Logs Record Net Profit on Brisk Travel Demand
- 04/26 20:26 Oriental Land Logs Record Annual Net Profit
- 04/26 17:42 ANA Logs Record Operating Profit
- 04/26 17:24 NTT Docomo to Promote Maeda to CEO
- 04/26 11:13 Toyota Picks Indiana as 2nd U.S. EV Production Base
- 04/25 22:54 Toyota to Put Off U.S. EV Output until 2026
- 04/25 21:52 Japan Biz Leaders Concerned about Yen's Slide to 34-Yr Low